M&A Deal Summary

Snipes SE Acquires Jimmy Jazz

On December 1, 2021, Snipes SE acquired retailer Jimmy Jazz

Acquisition Highlights
  • This is Snipes SE’s 1st transaction in the Retail sector.
  • This is Snipes SE’s 2nd transaction in the United States.
  • This is Snipes SE’s 1st transaction in New Jersey.

M&A Deal Summary
Date 2021-12-01
Target Jimmy Jazz
Sector Retail
Buyer(s) Snipes SE
Deal Type Add-on Acquisition

Target

Jimmy Jazz

Secaucus, New Jersey, United States
Jimmy Jazz operates a robust E-commerce business through JimmyJazz.com with nearly 170 stores in the U.S. across the East Coast, Southeast, and Midwest. Jimmy Jazz offers premium lifestyle brands such as Nike, Jordan, Adidas, Puma, and Polo in an engaging and authentic way to the consumer helping to build sneaker culture on critical streets. Jimmy Jazz is based in Secaucus, New Jersey.

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Buyer(S) 1

Buyer

Snipes SE

Cologne, Denmark
Category Company
Founded 1998
Sector Apparel/Textiles
DESCRIPTION

Snipes SE specializes in offering the latest styles of sneakers and streetwear for women and men of all ages. Available in children, juniors and adult collections, Snipes carries internationally-known name brands, such as Nike, Jordan, Adidas, Vans, North Face, Karl Kani, PUMA, and more. Snipes has been continually expanding since 1998 with a presence in more than 230 stores in Europe.

DEAL STATS #
Overall 2 of 2
Sector (Retail) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (New Jersey) 1 of 1
Country (United States) 2 of 2
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-20 KicksUSA

Philadelphia, Pennsylvania, United States

KicksUSA provides urban footwear, apparel and career opportunities to communities in Philadelphia, New Jersey, NYC, and Maryland. Since opening the first store at the Rising Sun Plaza in Philadelphia, KicksUSA has expanded reach along the East Coast to 60+ locations. KicksUSA stores offer family-friendly customer service with the latest styles in urban footwear and apparel for the entire family.

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